NOTE 4 - RELATED PARTY

9 Months Ended

Sep. 30, 2025

Notes

NOTE 4 - RELATED PARTY

NOTE 4 – RELATED PARTY

For the nine months ended September 30, 2025 and the year ended December 31, 2024, the Company had expenses totaling $0 and $0 respectively, to an officer and director for salaries, which is included in general and administrative expenses on the accompanying consolidated statement of operations.

Note	Issuance Date	Maturity Date	Interest Rate	Original Principal Amount	Balance at September 30, 2025	Balance at December 31, 2024
Unsecured debt A	March 2019, March and June 2020	No due date	0%	$866	$666	$666
Unsecured debt H	September 1, 2023	January 1, 2024	10%	$82,500	$-	$-
Unsecured debt I	January 1, 2024	June 1, 2025	15%	$84,965	$177,500	$177,500
Unsecured debt L	November 14, 2024	November 13, 2027	15%	$220,000	$174,611	$221,222
Unsecured debt N	July 21, 2025	July 20, 2026	12%	$325,000	$333,125	$-
Unsecured debt O	July 31, 2025	January 31st, 2026	12%	$75,000	$78,000	$-
Total notes payable				$590,331	$763,902	$399,388
Debt discount and deferred financing costs				-	-	-
Total notes payable, net				$590,331	$763,902	$399,388

Unsecured debt A:  On March 2, 2020, the Company received an unsecured loan of $200 from a shareholder. Additionally, during in March and June 2019, the Company received an additional loan of $666 from another shareholder. Both of these notes are unsecured and do not have a payment due date at an interest rate of 0.00%.  During the fourth quarter 2024, the Company made a payment of $200 towards part of this unsecured loan.  As of September 30, 2025, the outstanding principal balance of unsecured debt A totaled $666.

Unsecured debt H:  On September 1, 2023, the Company received an unsecured line of credit in the principal of up to $82,500 with a loan origination fee in the amount of $7,500, which was amortized over the life of the line of credit. The net proceeds from this line of credit were $75,000. The loan is unsecured and was due for repayment on January 1, 2024. Interest will accrue at an interest rate of 10% per annum on any unpaid principal amount. On January 1, 2024, both parties agreed to convert this note and move it to Unsecured Debt. As of September 30, 2025, the outstanding principal balance of unsecured debt H totaled $0.

Unsecured debt I:  On January 1, 2024, the Company agreed and signed a new unsecured line of credit in the principal of up to $180,000. The net proceeds from this line of credit were $82,000. The loan is unsecured and was due for repayment on June 30, 2025. Interest will accrue at an interest rate of 15% per annum on any unpaid principal amount. The holder of the note can declare all or any portion of the unpaid balance, with all accrued interest, immediately due and payable. As of September 30, 2025, the outstanding principal balance of unsecured debt totaled $177,500.

Unsecured debt L:  On November 14, 2024, the Company received an unsecured loan in the principal of $220,000 with a loan origination fee in the amount of $22,000, which will be amortized over the life of the loan as interest expense. The net proceeds from this loan were $220,000. The loan is unsecured and the initial payment of $8,667 was due on January 24, 2025. There were two months of no payments and then interest started accruing.  Once the payments started there are a total of 34 monthly payments due on the 24th day of each following month, ending October 24, 2027. As of September 30, 2025, the outstanding principal balance of unsecured debt L totaled $192,433.

Unsecured debt N:  On July 21, 2025, the Company received an unsecured loan in the principal of $325,000 with a loan origination fee in the amount of $32,500, which will be amortized over the life of the loan as interest expense. The net proceeds from this loan were $325,000. The loan is unsecured and is due for repayment on July 20, 2026. Interest will accrue at an interest rate of 12% per annum on any unpaid principal amount. If the Company defaults on the loan, the holder of the note can declare all or any portion of the unpaid balance with all accrued interest immediately due and payable. As of September 30, 2025, the outstanding principal balance of unsecured debt N totaled $333,125.

Unsecured debt O:  On July 31, 2025, the Company received an unsecured loan in the principal of $75,000 with a loan origination fee in the amount of $7,500, which will be amortized over the life of the loan as interest expense. The net proceeds from this loan were $75,000. The loan is unsecured and is due for repayment on January 31, 2026. Interest will accrue at an interest rate of 12% per annum on any unpaid principal amount. If the Company defaults on the loan, the holder of the note can declare all or any portion of the unpaid balance with all accrued interest immediately due and payable. As of September 30, 2025, the outstanding principal balance of unsecured debt O totaled $78,000.